Banking API — Personal Finance
Automated Savings Goal Tracking API
Help users achieve savings goals with intelligent tracking and recommendations. Monitor progress, optimise contributions, and celebrate milestones automatically.
Savings goals fail without tracking and momentum. Fiskil monitors account balances and transactions to track savings progress, recommend optimal contributions, and keep users motivated.
The Challenge
People set savings goals but struggle to track progress and maintain momentum without dedicated tools.
The Solution
Automatically track savings account balances, calculate goal progress, and recommend optimal contribution strategies.
Capabilities
How Fiskil Helps
Multi-Goal Tracking
Track progress toward multiple savings goals simultaneously (house deposit, vacation, emergency fund).
Automatic Progress Updates
Monitor linked savings accounts and update goal progress as balances increase.
Contribution Recommendations
Calculate optimal monthly contributions needed to reach goals by target date.
Milestone Celebrations
Trigger celebrations and achievements when users hit savings milestones (25%, 50%, 75%, 100%).
Implementation
How It Works
Connect Savings Accounts
User connects bank accounts designated for savings goals.
Create Savings Goals
User defines goals with target amounts and target dates (e.g., $50k house deposit by Dec 2026).
Track Progress Automatically
API monitors account balances and updates goal progress as savings grow.
Optimize Contributions
Recommend contribution adjustments based on current progress and time remaining.
In Practice
How Teams Use This
Digital Bank Savings Feature
A neobank adds goal tracking to encourage customers to save toward specific objectives.
Customers with active goals save 3.2x more than those without, increasing deposits by $45M.
Savings App
A dedicated savings app uses goal tracking to gamify saving behavior.
78% of users achieve their first savings goal within target timeframe.
Youth Banking App
A banking app for young adults uses goal tracking to build savings habits.
Young users save average of $185/month toward goals vs $40/month without tracking.
Technical Details
What You Integrate With
API endpoints
POST /savings-goals/createGET /savings-goals/{goalId}/progressGET /accounts/{accountId}/savings-summaryPOST /savings-goals/{goalId}/calculate-contribution
Data returned
Goal target amount
Current saved amount
Progress percentage
Target date
Recommended monthly contribution
Projected completion date
Authorisation
OAuth 2.0 / CDR consent
Real-time data access.
Ready to get started?
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